West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 4, 2025	$800,000,000	$371,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$371,700,000
Federal Tax(24%)	$89,208,000
Additional Federal Tax	$48,281,330
State Tax(6.5%)	$24,160,500
Net Lumpsum Payment	$210,050,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,040,800	-$4,415,426 -$782,652	$6,842,722
2	$12,643,200	-$4,638,314 -$821,808	$7,183,078
3	$13,275,200	-$4,872,154 -$862,888	$7,540,158
4	$13,939,200	-$5,117,834 -$906,048	$7,915,318
5	$14,636,000	-$5,375,650 -$951,340	$8,309,010
6	$15,368,000	-$5,646,490 -$998,920	$8,722,590
7	$16,136,000	-$5,930,650 -$1,048,840	$9,156,510
8	$16,943,200	-$6,229,314 -$1,101,308	$9,612,578
9	$17,790,400	-$6,542,778 -$1,156,376	$10,091,246
10	$18,680,000	-$6,871,930 -$1,214,200	$10,593,870
11	$19,613,600	-$7,217,362 -$1,274,884	$11,121,354
12	$20,594,400	-$7,580,258 -$1,338,636	$11,675,506
13	$21,624,000	-$7,961,210 -$1,405,560	$12,257,230
14	$22,705,600	-$8,361,402 -$1,475,864	$12,868,334
15	$23,840,800	-$8,781,426 -$1,549,652	$13,509,722
16	$25,032,800	-$9,222,466 -$1,627,132	$14,183,202
17	$26,284,000	-$9,685,410 -$1,708,460	$14,890,130
18	$27,598,400	-$10,171,738 -$1,793,896	$15,632,766
19	$28,978,400	-$10,682,338 -$1,883,596	$16,412,466
20	$30,427,200	-$11,218,394 -$1,977,768	$17,231,038
21	$31,948,800	-$11,781,386 -$2,076,672	$18,090,742
22	$33,546,400	-$12,372,498 -$2,180,516	$18,993,386
23	$35,223,200	-$12,992,914 -$2,289,508	$19,940,778
24	$36,984,800	-$13,644,706 -$2,404,012	$20,936,082
25	$38,833,600	-$14,328,762 -$2,524,184	$21,980,654
26	$40,776,000	-$15,047,450 -$2,650,440	$23,078,110
27	$42,814,400	-$15,801,658 -$2,782,936	$24,229,806
28	$44,955,200	-$16,593,754 -$2,922,088	$25,439,358
29	$47,203,200	-$17,425,514 -$3,068,208	$26,709,478
30	$49,563,200	-$18,298,714 -$3,221,608	$28,042,878